CRYPTOCURRENCY
3 Types of Traders You Will Face in a Bullish Crypto Market
Crypto market archetypes include Opportunistic Traders, HODLers, and FOMO traders, each with their own risk management principles and strategies for long-term success.
Pepe Coin Shows Bullish Indicators After an 80% Decline
Pepe coin, after an 80% drop in value with scandals, is showing signs of resurgence. Technical indicators suggest a possible bullish momentum, with the Moving Average Convergence Divergence and Relative Strength Index indicating a potential bounce in price trends. However, Pepe's price trajectory remains a descending channel, indicating sustained bearish momentum. To shift this narrative, the coin must break above the descending channel and maintain its position above the upper boundary, providing a stronger confirmation of a trend reversal.
Technical Analysis: Jasmy Coin Price Movements Indicate Bullish Potential
Jasmy Coin has breached its descending trend line and is currently near the 99-day MA. If it sustains above these levels, it could set the stage for a bullish trend, offering lucrative returns for traders and investors.
Microstrategy's Bitcoin Investment Turns Green Again
Microstrategy's Bitcoin investment has turned profitable again as BTC surpassed the critical resistance of $29,000 and hit a new 10-month high of $30,163. The company had accumulated 140,000 BTC for nearly $4.17 billion at an average price of $29,803 per BTC. After a 70% drop in BTC price during the crypto winter in 2022, the price has seen over a 55% increase in the first quarter of 2023, outperforming most traditional stocks and bonds.
Bullish.com to Layoff Staff amid Market Downturn
Cryptocurrency exchange Bullish.com has joined other crypto companies in making layoffs to tackle the massive market downturn.
Is Bitcoin Getting Ready for a Bullish Continuation?
After nosediving below the psychological price of $40K over the weekend, Bitcoin is back to winning ways.
Institutional Investors Turning Bullish on Crypto: Survey Suggests
A new survey has highlighted the increasing bullish stance of institutional investors in the ecosystem.
Crypto Exchange Bullish Plans to Go Public Via SPAC Valued At $9B
Bullish exchange is the latest crypto firm intending to go public through SPAC in a $9 billion deal.
Block.one Raises $10 Billion in Bullish Global Launch, Triggering a 50% Increase for EOS Token
Block.one, EOSIO's open-source parent company, announced the establishment of a new subsidiary, Bullish Global.
Bitcoin’s Outflow from Exchanges still Heavy Despite Looming Correction, says Crypto Trader
Veteran market and crypto trader Michael van de Poppe has noted that despite the current price correction, Bitcoin outflows from exchanges are still sizable.